Forex trading for beginners
We will have an important discussion on forex trading for beginners. I’m not going to bore you by talking too much. But, I will get into the main point right away for your Forex trading and for you in the stock market. The most important question to ask yourself is where is the winning opportunity for currency trading? This is the question that every trader should and should ask himself. The simple answer is that this image envisions such a winning opportunity.
Let’s say the market or for example EURUSD or Bitcoin has the big cycle and the small cycle. Your best chance will be in the area where both the small and large cycles are boosted together like the dotted line in the image. That’s the narrow intersection that both the seasoned momentum trader and the seasoned investment trader are jumping into together. However, there is a problem with this image, although its concept is perfectly sound. For example, the market does not have the deterministic cycle, that we can track its peak and minimum with a fixed time interval as in the sinusoidal curve of the Physics textbook. Therefore, this image is only educational to conceptualize the business idea. If so, making money on Forex or the stock market would have been much easier by buying EURUSD at Monday’s low and selling something like this or similar at Friday’s high. In fact, what makes us tough is that the market cycle is not deterministic or stochastic.
Watch the YouTube video for a full explanation.
Furthermore, we also have a more detailed explanation on this blog here.